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ramblings

OK, so there are very few people that what they think of me really matters.  My wife, children and my parents a few friends, that's really just about it.   That little bit about me will explain my latest venture.

In almost any poll about what people fear the most, public speaking, is frequently the top result.  Even more than death. Something else about me is that I have never had any aspiration to be famous or a public figure.  So this latest idea is out of nature for me.  To better understand this story though I have to take you back about 7 years. 

I have a friend who owns a business in Largo called the Watch Studio.  Ken Duval is a great guy and I was his daughters Track coach at the school that our children go to.  Ken is the local goto guy for high end watches.  Patek, Vacheron, Chronoswiss, real watches.  Because of our love of all things mechanical, and horolistic we became fast friends. 

One day at his store I met a guy by the name Al Leo.  Mr. Leo owned/managed the local Buick, Saab, GM dealership.  Huge dealership, 25 acres on US 19 in Pinellas Park.  Al was a collector of watches but only because he could afford them.  Not because he had a keen grasp of fine watches.  While I was there I got into a discussion about the pros/cons of handmade watch movements and my general love of complicated Valjoux products. 

While we were talking I mentioned to Al that I frequently listened to his Saturday morning radio show about his car dealership.  This was a two hour show and it covered everything related to cars.  During the show I noted Al never really seemed like he was selling or promoting his dealership.  I mentioned that to Al and he gave me some of the best business insight I have ever heard.

Al went on to tell me that before the radio show his monthly advertising budget was over 40,000.00 per month.  Once the show started it eventually went to ZERO, nothing, nada.  In the car business advertising and it's effectiveness is literally life or death.  He said that the by just talking to people and telling them how to get the best deal on a new vehicle he got to disarm people  and their fear of buying a car.  Just a simple show, Al would appraise their car and give them a price of a new car on the phone.  Half the show was retirees calling in to tell everyone what  great experience buying from Al was.  People would call from all over Florida to trade with Al.  It was the 3rd largest dealership in Florida and the largest volume Saab dealership in the US.  I convinced myself that if I ever had a business that needed direct consumer contact I would get my own radio show. 

Yes readers a Pawn Shop Talk Radio show.

So how do you get a radio show?  You ask.  Simple huh?  I recorded two test shows. Then I sent them to WWBA 820AM in Tampa along with a short email asking for some guidance how to eventually have my own show.  Surprisingly the next day I got a call from the station asking to meet.  The story from them was the station owner has a Palm Beach station that has a 3 hour swap meet show, like Craigslist for radio.  Now they are ready to try it in the Tampa area.  That and with all the success of Pawn Stars on cable TV's History channel  they thought it was worth a shot.  So, starting in about a month on Sundays 7pm yours truly will have a 1 hour talk show about all things Pawn.

I hope it does well but like most things I try it has the potential to flame out horrifically.  The plan is to give listeners and those that call some insight to Pawn Shops.  Hopefully we have some callers and we can talk about their stuff and what it is worth.  The station is heard from south Georgia to Miami.  Same idea as Al's show, no gigantic promotion of the Pawn Shop just a way to go to the shop without having to leave the house.  Hopefully they will see that it isn't a creepy place full of criminals.

Those close to me know that I am blue green color blind.  Not really a big deal but it is something to blame for my "unique" fashion sense.  Whenever people, especially children learn that I am color blind we play a game I call, "what color is this".  It's a fun time and it generally goes like this.  I can tell people or they find out about my lack of color vision and I get an hour of, "what color is this, what color is that?". 

I tell you this because I am a student of human nature.  I like trying to analyze why people do things and apply the observations to understand what people will do next.  I know when the game starts it's just curiosity because most people could never understand not being able to see them.  Trust me I have been on a color intensifier at the doctors office you should really appreciate color vision. 

What this has to do with a radio show is that when people find out I have a Pawn Shop it is the same reaction.  I get an hour of, "what is the strangest thing in the shop?, are the people weird?, how much is ______ worth? 

People are curious animals, not quite enough to go into a Pawn Shop sometimes though.  The National Pawnbrokers Association says that only 3 out of 10 people have ever been in a Pawn Shop.  So I am going to take the shop to them.  The merchandise, people and stories.  Every Sunday 7pm 820AM radio.  Maybe the show is interesting, maybe not.  All I know is that I'm not going to wake up 40 years form now too old and tired and wish that I had tried it.  I hope you'll listen, and even call.  Maybe we both learn something.

Posted via email from Big Tims Pawn’s posterous

OK OK I know its been awhile…..In between the new Pawn Shop I have also been living my life.  For those of you who know me I have and drive a lot of classic cars and my baby 69 Dodge is just about done.  I spent the last 4 years making my ultimate daily driver and now the last of the mods are almost done.

That is 512 cubic inches of Chrysler motivation.  I owe great thanks to the Shaun over at Street Productions in Largo he truly is a master craftsman. We had it on a dyno and unfortunately the dyno only went to 700ft lbs of torque because this motor has more than that.  Should be installed and running by tomorrow.  Look out St Pete here comes the hammer….

Plus we are going to have our first buys come out of holding tomorrow and have pawn shop material for sale!!!!  We have enough to fill 4 cases and two of the big gondola shelves as you walk in the store.  We also have an ad starting tomorrow in the Pinellas Park newspaper.  The ad is one of those kind that are like Post-It notes on the front page.  Going out to 20,000 papers it’s an ad for gold at 28/gram or 5% loan. We shall see how it works on Saturday.

We have had great traffic for start up and some interesting items check it out….

Michael Kelly Visionary acoustic bass 749.00 retail less than 300 here

I got a ton of new Citizen Eco Drive watches from my friends at The Watch Studio.  
These are honest $270 watches that are gonna go for less than $110!
 
No real Pimp is complete without his own pimp ring.  This one is in 14kt white gold and 1.5ct of hard slapping diamonds.  I know you can’t live without it $500
More to come very soon thanks for looking and please go to Yelp and say nice things about us, that would really be great.
talk soon….
Tim

Well today I got the point of sale system installed.  It’s called Pawnmaster and it basically does all the hard work for you.  Keeps you legal, reports, gun log etc.  I have scheduled 8 hours of training lined up for tomorrow.  Pawn university in a day…….wow. 

Got the jewelry testing and display equipment today and finally got the AC working.  Now I basically have a 5000 sq. ft. store with almost zero mechanidise and 1 employee who has never  been in a pawn shop (brother in-law) until recently. 

I am a retail genius. 

We did have a couple of real characters walk in off the street today and look at the guitars.  I didn’t have a way to sell them anything yet so I didn’t push, it was encouraging though.  We are going to use the internet and telemarketing to get foot traffic going.  Between the website www.bigtimspawn.com and calling craigslist.com and calling ads from the local fish wrapper we hope to get 30 pairs of feet over the threshold everyday, that is the goal. 

I am seeing light at the end of the tunnel, although this has taken much longer than we hoped I hope to report my first sale and pawn by the end of this week! 

As a closing note, regardless of how much money and experience and business acumen you have I don’t think this would have been possible without the support of my wife.  It’s always been MY dream to be a pawnbroker not hers, I love her more than ever for helping me make it attainable.

In this pic from left to right is an Epiphone DR1000, a Ibanez RG120, Fender Starcaster (great sounding cheap guitar), the bass is a Ibanez, the mandolin is an Epiphone MM300, then the almighty Epiphone Casino for you Beatles fans, and finally a solid body gold metallic Gretsch electromatic.  How about that selection for a pawn shop!

We got our first delivery today of guitars and some of them want to come home with me!  In this picture you will see a Fender 290sce that has big sound and builtin fishman preamp with tuner and phaser!  Next to that is a Takamine eg333 with beautiful maple top and then a really cheap fender 12 string.  Further to the right is an awesome Gretsch semi-body Electromatic w/Bigsby and a lot of attitude.  The bass is a Schecter Stilleto.  Of couse you can see the empty cases but not for long.

OK now I’m real trouble, I have an FFL and I can can mess you up!  What that means is a I can buy and sell most handguns and long guns.  Paperwork is crazy but it is worth it.  One of the advantages is that you get the best pricing on guns but if you mess up the paperwork, it’s your ass.

The guys over at the ATF where you get the license are the best.  Yah it is a body cavity search but if you are serious about guns you get the license.

Well we got our first merchandise to sell/give away at the shop today.  I got 200 knives form the site liquidation.com and they are very cool.  We will have a big sign on the building that offers a free gift for first time visitors.  I think that will go over well, we’ll see.

Tomorrow the display cases and shelving comes and we are on track to have the software installed this week.  Forms were ordered from Burrell, jewelry is on the way and guitars are coming, I can feel it now.

Well, for an update we have electricians and all sorts of cool stuff happening.  The software is coming next week, the sign is on its way.  Cabinets are coming and so are the shelfs and gondola.  Look out Pinellas Park.

I hope you’re not trying this but I am and it’s frustrating.  You need these (not in this order)